The Best Mortgage Lenders in New Athens, OH
Compare verified mortgage lenders serving New Athens, Ohio. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.
Available Loan Programs in New Athens
Featured Mortgage Lenders
Belmont Savings Bank
Belmont Savings Bank
Belmont Savings Bank is a highly-rated community bank with deep roots in Eastern Ohio, serving New Athens and surrounding communities for over a century. They offer personalized mortgage services with local decision-making, competitive rates, and exceptional customer service. Their mortgage specialists provide one-on-one guidance through the entire home financing process, making them a top choice for first-time homebuyers and experienced homeowners alike in the New Athens area.
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First Federal Community Bank
First Federal Community Bank
First Federal Community Bank has been serving the mortgage needs of Eastern Ohio residents for decades, including the New Athens community. They are known for their competitive rates, flexible loan options, and exceptional local service. As a community-focused institution, they understand the local real estate market and provide personalized mortgage solutions with quick turnaround times. Their experienced loan officers guide customers through every step of the mortgage process.
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CrossCountry Mortgage
CrossCountry Mortgage, LLC
CrossCountry Mortgage has a strong local presence in the Eastern Ohio region with multiple positive reviews from New Athens area clients. They offer a comprehensive range of mortgage products with competitive rates and excellent customer service. Their local loan officers provide personalized attention and expertise in navigating various loan programs. The company is particularly praised for their responsive communication, streamlined application process, and ability to handle complex mortgage scenarios effectively.
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Frequently Asked Questions
Common questions about mortgage lending in New Athens, OH
What are the current average mortgage rates for homebuyers in New Athens, Ohio?
Mortgage rates in New Athens typically align closely with national averages, but local lenders may offer competitive terms. As of the latest data, rates for a 30-year fixed mortgage in the area generally range from the mid-6% to low-7% APR, but it's crucial to get personalized quotes from local banks and credit unions, as they often have strong community lending programs.
Are there any down payment assistance programs specifically for New Athens, OH, residents?
Yes, homebuyers in New Athens can access statewide Ohio programs like "Ohio Heroes" and "Grants for Grads," which are widely utilized locally. Additionally, the Belmont County Port Authority may offer or guide residents to local development incentives or grants aimed at promoting homeownership in the community, especially for first-time buyers.
How does the appraisal process work for homes in New Athens, given its rural setting?
Appraisals in New Athens can be unique due to the mix of rural properties and smaller village homes. Appraisers often use comparable sales ("comps") from nearby towns like Flushing or Mount Pleasant, which may require a broader geographic search. This can sometimes impact valuation, so working with a lender familiar with the local market is advantageous.
What local lenders or credit unions are most active in the New Athens mortgage market?
Several community-focused institutions are key players, including The Huntington National Bank, which has a strong Ohio presence, and local credit unions like ELGA Credit Union. These lenders often have specific knowledge of the New Athens property market and may offer more flexible underwriting for area homes.
Are there any property tax considerations or exemptions I should know about as a New Athens homebuyer?
Property taxes in New Athens are governed by Belmont County, with rates that are generally moderate compared to urban Ohio areas. Homebuyers should inquire about the Homestead Exemption, which can reduce taxes for seniors and disabled residents, and confirm the exact tax rate with the county auditor, as it can vary slightly within the village limits.
Why Choose a Mortgage Lender in New Athens?
Local Market Knowledge
Lenders who understand New Athens's housing market can offer better guidance and competitive rates.
Multiple Loan Options
Access to conventional, FHA, VA, USDA, and jumbo loans tailored to your financial situation.
Proven Track Record
Work with lenders who have years of experience and hundreds of satisfied customers in Ohio.
Ready to Find Your Perfect Mortgage Lender?
Connect with top-rated mortgage professionals in New Athens and get competitive rates on your home loan.